Blogotariat

Nuclear energy, like the platypus, is an oddly shaped beast, and needs a very specific hole to fit into the energy jigsaw puzz

Domain is busy trying to argue Australians wouldn’t support Trump policies. The only problem is that this ignores the four major Trump policies and themes that got him elected. Slashing immigration to protect wages. Applying tariffs to boost local industry. Disengaging from China. America First! How are we to know if Australians support Trumpist policies

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Wall Street is still failing to make a comeback after its Friday night breakdown with tech stocks again on the back foot while European shares were mixed as the German DAX made a new high on the back of a new conservative government that looks set to go full steam ahead in defense spending. The

The post Macro Morning appeared first on MacroBusiness.

Australia’s inflation is falling. CBA forecasts that trimmed mean inflation will fall to 2.8% in January, within the Reserve Bank of Australia’s (RBA) 2% to 3% inflation target. However, this does not mean that the cost-of-living crisis is over. As independent economist Tarric Brooker illustrated, since Q42020, cumulative Australian inflation has increased by 19%. That

Australia hits a new solar output record in the morning period before rooftop solar takes centre stage on the grid.

Asian share markets are generally doing well after a big drop on Wall Street from Friday night, but have absorbed the volatility out of the German election result from the weekend. Local shares are still flopping around due to the latest rate cut that wasn’t really a rate cut from the RBA while the Australian

The post Macro Afternoon appeared first on MacroBusiness.

The Climate Change Authority says a nuclear pathway would add an extra 2 billion tonnes of carbon emissions by 2050.

Safety regulator closes small Victoria solar farm after inverter fire while it investigates cause and until high grass at the site can be cut back.

Europe can finance Ukraine alone, using frozen Russian funds. This initiative was put forward by Polish Prime Minister Donald Tusk against the backdrop of negotiations between Russia and the United States without Europe’s participation. He called on EU countries to take concrete actions to support the Kiev regime.

Late last week, I was interviewed by Tom Elliott from Radio 3AW Melbourne regarding the dire financial situation facing the state. Tom wanted to know what was driving Victoria’s ballooning debt. And, more importantly, the measures the state government could take to resolve the situation. Below is a summary of the themes discussed in the

The post Victoria’s debt disaster has no easy solutions appeared first on MacroBusiness.

Westpac’s credit card tracker for the two weeks prior to the rate cut. The Westpac-DataX Card Tracker Index* barely budged over the past fortnight, with the latest print coming in at 136.6, up a mere 0.1pts. After a rollercoaster few months, spending patterns appear to be normalising somewhat. So far, February’s reads have been on

The post Consumer recovery falters appeared first on MacroBusiness.

Construction begins on a big battery project next to the largest solar farm in Australia.

As we know, the RBA is paid to lie about the immigration-led, labour market expansion economic model because if it didn’t, the model would collapse at the ballot box. It is always amusing, in the usual dark way, to watch as one of the world’s most corrupt central banks dances around the truth. I noted

The post Why is the “great resignation” over? appeared first on MacroBusiness.